The car borne out of the desire of a pair of British Lords to spend a newly acquired fortune to go racing at the Le Mans 24-Hours Endurance Race is to be offered for sale at Bonhams.

The 1939 Lagonda V12 Team Car will be on display at the Bonhams Goodwood Festival of Speed sale on Friday, June 29 and will go under the hammer at the Bonhams Goodwood Revival sale on Saturday, September 15, where it is expected to realise in excess of £1 million.

Funded by 26-year-old Lord Selsdon’s newly acquired £65,000 inheritance, close friends Selsdon and Lord Waleran brought the car home in fourth place on their 1939 race debut, an incredible achievement. The event, which took place from June 17-18, 1939, was to be the last at Le Mans until 1949, due to the outbreak of WWII.

Selsdon was persuaded to finance the car’s build and entry by 34-year-old Eton and Trinity College Oxford graduate Waleran, who was a keen Lagonda enthusiast.

Neither had ever raced before, but when you’re that rich…